PEARLAND, TX<bEXCLUSIVE</b>-Gaia Real Estate of New York joins forces with Grand China Fund to acquire the class B complex. The transaction is the first for the partnership.
CLEAR LAKE, TX- Northden Holdings of Houston acquires the three-building portfolio in the far southeast market from CEF Funding LLC. The portfolio consists of two office buildings and a flex facility.
RICHARDSON, TX-The three-building State Farm complex is the cornerstone of KDC's $1.5 billion, 186-acre, mixed-use development, which was announced late last year.
HOUSTON-Transwestern research affiliate Delta Associates notes a vacancy decline to 9.4% (down from 10.6% reported year over year) and retail rents anticipated to rebound during the remainder of 2013.
DALLAS-Forge Realty Partners acquires one of the Midtown Office Center office buildings from Libitzky Property Cos. Plans call for an up to $2 million in tenant improvements.
AUSTIN-The California company teams with Deutsche Asset & Wealth Management and Endeavor Real Estate to develop Domain 2 and Domain 7, office buildings totaling 140,000 square feet and 222,000 square feet respectively.